306, Canal Heights 2
Sold prices and rental history: sold once, by the developer in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Canal Heights 2
What is 306 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 August 2023.
Key facts
- Type
- Studio apartment
- Size
- 457 sqft
- Floor
- 3rd of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completion due
- 2027
- Last sold
- AED 1.29M · August 2023
- Building
- Canal Heights 2
About 306, Canal Heights 2
306 is a studio of 457 sqft on the 3rd floor of Canal Heights 2, a 43-storey tower in Business Bay due for completion in 2027 by Resta Real Estate Development. The developer sold it on 23 August 2023 for AED 1,292,000, or AED 2,826 per sqft, 3% below the AED 2,927 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 306 over time
306 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where 306 sits
All 254 studios →306 last sold in August 2023 at AED 2,826 per sqft, 3% below what studios in Canal Heights 2 were fetching at the time (AED 2,927). Over the last 12 months studios sold for AED 1,308,000, around AED 2,850 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Dec 202530 December 2025 | 459 sqft | 1,308,000 | 2,850 | ||
| 10 Jul 202510 July 2025 | 472 sqft | 1,342,000 | 2,841 | ||
| 30 May 202530 May 2025 | 509 sqft | 1,629,000 | 3,201 | ||
| 22 May 202522 May 2025 | 446 sqft | 1,364,000 | 3,059 |
Canal Heights 2
Building440 apartments, studios to 3-bed over 43 floors in Business Bay, due for completion in 2027 by Resta Real Estate Development. 4 sold in the last 12 months.
- Typical price per sqft
- AED 2,817
- Typical sale
- AED 2.96M
- Typical rent
- Few contracts
- Typical yield
Other units on the 3rd floor
All 440 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | Studio | 486 sqft | AED 1.39MAED 1,386,000 · Jan 2024January 2024 | ||
| 303 | 1-bed | 1,013 sqft | AED 2.55MAED 2,545,410 · Jul 2025July 2025 | ||
| 304 | Studio | 467 sqft | AED 1.32MAED 1,319,000 · Sep 2023September 2023 | ||
| 305 | Studio | 449 sqft | AED 1.27MAED 1,268,000 · Aug 2023August 2023 | ||
| 308 | Studio | 461 sqft | AED 800KAED 800,000 · Mar 2024March 2024 | ||
| 309 | Studio | 470 sqft | AED 1.33MAED 1,330,000 · Nov 2024November 2024 | ||
| 310 | 2,208 sqft | AED 5.75MAED 5,753,000 · Aug 2025August 2025 | |||
| 317 | Studio | 355 sqft | AED 1.31MAED 1,308,000 · Sep 2023September 2023 | ||
| 320 | 1-bed | 733 sqft | AED 2.06MAED 2,058,000 · Oct 2024October 2024 | ||
| 321 | 1-bed | 732 sqft | AED 2.05MAED 2,051,000 · Jan 2025January 2025 |
306, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 23 August 2023 for AED 1,292,000, or AED 2,826 per sqft.
- Studios in Canal Heights 2 sold for AED 1,308,000–1,308,000 in the 12 months to November 2026; the building's median across all types is AED 2,817 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 23 August 2023.
Questions about 306, Canal Heights 2
What did unit 306 last sell for?
AED 1,292,000 on 23 August 2023, sold by the developer: AED 2,826 per sqft for 457 sqft. It is the only registered sale of the unit.
How big is unit 306?
457 sqft (42.5 sqm): a studio on the 3rd floor of a 43-storey tower due for completion in 2027.
What is unit 306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Canal Heights 2 sold for AED 1,308,000 to 1,308,000 in the last 12 months, around AED 2,850 per sqft.
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Mortgage on 306, Canal Heights 2
Starts from the last sale price (AED 1.29M, 23 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,292,000
- Deposit, UAE resident (20%)
- AED 258,400
- Deposit, non-resident (40%)
- AED 516,800
- Monthly over 25 years at 3.7%
- AED 5,286
Plus AED 59,274 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →